6 months on rocket

7250 N Old Farm Rd, Memphis, TN, 38125

$274,000

Home List Price

$3,254*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
House

Location

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7250 N Old Farm Rd, Memphis$274,000

Buyer Closing Credits

$3,254*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1985
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceMasonry
MLS #10172593
Lot Size0.22 Acres
StatusActive

About 7250 N Old Farm Rd

INVESTORS ONLY!!! Wonderful Addition to an Investor's Portfolio. This home is a 5 Bedroom, 3 Full and 1 Half Bath Well Maintained Rental Home. ***PLEASE DO NOT DISTURB TENANTS***** DO NOT APPROACH THE HOUSE ***

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1985
  • Stories: 2

Listing Office:

  • Office Name: 901, REALTORS

Interior Features

Interior Information:

  • Appliances: Range, Oven, Dishwasher
  • Basement: Yes
  • Flooring Type: Part Carpet, Tile
  • Interior: Attic Access
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Wood Fence

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South on Germantown Rd, Turn R onto Crestridge, Turn L onto Riverdale Rd, Turn L onto Germantown Trail, Turn L onto W Old Farm Rd, Destination will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $274,000

Tax Information:

  • Annual Amount: $2,082
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

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Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

7250 N Old Farm Rd vs Memphis

184 DAYS ON ROCKET

$274,000

+$83.5K More

KEY TAKEAWAY

This property is $83.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10172593

Listing Office:

  • Office Name: 901, REALTORS

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 2:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 30, 2017Home Sold
$155,000
Feb 04, 2016Home Sold
$105,820
Aug 22, 2008Home Sold
$125,000
Aug 13, 2007Home Sold
$85,000
May 07, 1999Home Sold
$117,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,082$51,400
2020$1,415$34,950
2019$1,415$34,950
2018$1,436$34,950
2017$1,247$34,950

History based on county public records data.

Payment Calculator

$1,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$888

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-442463
5
/10

  • Ross Elementary School

  • 4890 Ross Rd

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-442464
5
/10

  • Highland Oaks Elementary School

  • 5252 Annandale Dr

  • 0.86 miles

  • Public District Grades PK-5

school-card-donut-442465
3
/10

  • Memphis Business Academy Hickory Hill Elementary School

  • 4443 S Germantown Rd

  • 0.94 miles

  • Public Charter Grades PK-2

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,737. The most common annual income of people living in Memphis, TN is between $35k-100k. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7250 N Old Farm Rd

What is the listing price of this property?

The listing price of 7250 N Old Farm Rd property is $274,000.

What type of property is this?

The property 7250 N Old Farm Rd is a house located in Memphis, Tennessee, 38125.

Is this property for sale now?

Active Listing: 7250 N Old Farm Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,082 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 30, 2017 for $155,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7250 N Old Farm Rd has 5 bedrooms and 3 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 7250 N Old Farm Rd is 1985.

Rocket Homes›Tennessee›Shelby County›Memphis›38125›7250 N Old Farm Rd

This home is located at 7250 N Old Farm Rd in Memphis, TN and zip code 38125 in the Irene neighborhood. This home, which was built in 1985, sits on a 0.22 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $274,000.

Memphis, TN housing market in October 2024 saw over 53 listings sold above listed price, more than 103 sold at listed price and over 252 sold below. Between September 2024 and October 2024, Memphis, TN real estate market has seen increase in the number of listings by 22.4%.

From Rocket Homes Real Estate and based on county public records data.

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